US STOCKS-Nasdaq leads Wall St gains on signs of easing inflation

April headline CPI rises at an annual rate of 4.9% * Occidental slips as Q1 profit misses estimates * Airbnb drops on weak bookings forecast * Indexes: Dow down 0.62%, S&P 500 up 0.02%, Nasdaq up 0.64% By Shreyashi Sanyal, Shristi Achar A and Carolina Mandl May 10 (Reuters) - The Nasdaq led gains among Wall Street's main indexes on Wednesday as a slightly lower-than-expected increase in April inflation raised hopes that the Federal Reserve's interest rate hiking cycle is close to an end. The Labor Department's Consumer Price Index (CPI) rose 4.9% in April from a year ago and…

by braydenesposito
27 de dezembro de 2023
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